Summary

Three, 1-story buildings comprised of 7 apartment units & 1 large storage room/office. The office is plumbed and has 1 bathroom, it could be made into a 2bd apartment unit creating a value-add opportunity. (3) 2bd/1ba units and (4) 1bd/1ba units. The property has laundry facilities which generate additional income.

There is a two-year Triple Net Lease (NNN) that includes insurance, property taxes and other fees. This master lease will go into effect on June 1, 2024.

Select units have been completely renovated with new flooring, cabinets, countertops and fresh paint. Nearby employers include Ping Golf, Maximus, OpenTec Alliance, APS, among others.